Checked in on my retirement account

@NJChicaa (115901)

United States

February 6, 2021 10:22am CST

I honestly haven't checked on it in 2 years. My ex would look at it at least once a month but I haven't looked at it at all because it is what it is. The professionals manage the funds. I don't do anything but contribute money from each paycheck. Anyway I was paying some bills and I decided to see what the account is worth now. I was pleasantly surprised to see that it is up $20,000. It still isn't all that much but I'll take it. It will help to supplement my pension and Social Security when I retire.

9 people like this

8 responses

@xFiacre (12609)

• Ireland

6 Feb 21

@NJChicaa I try not to bother checking because as you say, it is what it is, and no matter how often you examine it looking at it doesn’t increase it.

3 people like this

@FourWalls (61898)

• United States

6 Feb 21

I’ll check my so-so security later this year when I get ready to file for it. My Postal Service retirement is based on what I made at the post office, so there’s nothing to “add” to it or “check.” Also, that automatically kicks in next year, so no endless paperwork to file for that. From what I’ve seen $20,000 will get you a couple of weeks’ worth of groceries in New Jersey, so you’re doing well.

2 people like this

@NJChicaa (115901)

• United States

6 Feb 21

No it is $20,000 increased from the last time I checked. It is almost at $80,000.

1 person likes this

@FourWalls (61898)

• United States

6 Feb 21

@NJChicaa — oh, wow! That’ll buy my house if you’re looking to retire in Kentucky.

1 person likes this

@NJChicaa (115901)

• United States

6 Feb 21

@FourWalls Houses here start at $200K

1 person likes this

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@quickinstinct (432)

• United States

12 Feb 21

definitely good to set and forget these accounts for a pleasant surprise.

Lenore Plassman

@sallypup (57692)

• Centralia, Washington

6 Feb 21

That will help you. Under eight months now and my hubby will be retired. Next phase coming up!

1 person likes this

@NJChicaa (115901)

• United States

6 Feb 21

Lucky him!

@LindaOHio (155469)

• United States

6 Feb 21

You're well on your way to a comfortable retirement. I'm assuming you will have a pension from your teaching job as well?

1 person likes this

@NJChicaa (115901)

• United States

6 Feb 21

yes

1 person likes this

@LindaOHio (155469)

• United States

7 Feb 21

@NJChicaa Then you will be all set. Once you get your house you can start building equity in that as well.

@JimBo452020 (42629)

• United Kingdom

6 Feb 21

The state pension here will do me. I have not got a private pension.

1 person likes this

@NJChicaa (115901)

• United States

6 Feb 21

I get one through my job. I have a private account. Plus I'll get $$ from the federal government for Social Security.

1 person likes this

@JimBo452020 (42629)

• United Kingdom

6 Feb 21

@NJChicaa Good forward planning. Well done

1 person likes this

@NJChicaa (115901)

• United States

6 Feb 21

@JimBo452020 I'm working on it!

1 person likes this

@wolfgirl569 (94684)

• Marion, Ohio

7 Feb 21

Glad it is going up

@peachpurple (13880)

• Malaysia

6 Feb 21

wow, that is a lot of money for retirement. I hope that you cold spare some change for a cup of tea....